JLL are proud to be exclusively appointed to market the freehold asset at 333 Harewood Road, Bishopdale.
The property is an attractive suburban asset that provides 11 tenancies through a mix of retail, hospitality, office plus a cellphone tower rental. With a large land holding the property also benefits from ample onsite carparking and a prominent signage pylon on Harewood Road.
Split across two levels and providing a sweet spot in tenancy size with the ability to extend some of the ground floor tenancies or decrease depending on future requirements. The one vacancy in the building is a recently emptied upstairs office of approx. 40sqm. This will add an additional $13,500+GST per annum to the rent roll.
The asset currently returns an annual rental of $257,707+GST. The passing income is well diversified offering a steady income stream for a potential purchaser.
The building enjoys being centered between Bishopdale New World, the Tavern Harewood and with ample carparking tenants enjoy a busy location with ease of access for customers. Other notable developments in close proximity include Northlands Mall and Northlink Shopping Centre to the south, while Christchurch International Airport is a short distance to the west.
Features:
- 11 tenancies over two levels
- Land area: 4,023sqm
- Contract Net Rental: $257,707 plus GST
- NLA 925sqm
- North West Aspect
- Mix of retail/hospitality/office/cellphone uses
For further information please call sole agents Ben Cameron on 021 107 3540 or Paul Lysaght on 027 5515 737.